| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Canadian Dollar has been appreciating against the Swiss Franc since the beginning of June when the CAD/CHF currency pair reversed north from the lower boundary of the medium-term descending channel at 0.7373.
Note, that the exchange rate is trading near the upper boundary of the long-term descending channel at 0.7580. Thus, from a theoretical point of view, it is expected, that a reversal south could occur in the nearest future.
If the junior channel does not hold, it is likely, that the rate could decline to the Fibonacci 0.00% retracement at 0.7258. Otherwise, it is expected, that the pair could trade downwards along the upper boundary of the senior trend.